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CIPS L6M5 Exam - Topic 3 Question 26 Discussion

What is the purpose of a Project Audit?Answer Options:
D) To review financial and performance status after completion
A) To ensure the budget is managed effectively
B) To assess project requirements
C) To present findings to senior leadership

CIPS L6M5 Exam - Topic 3 Question 26 Discussion

Actual exam question for CIPS's L6M5 exam
Question #: 26
Topic #: 3
[All L6M5 Questions]

What is the purpose of a Project Audit?

Answer Options:

Show Suggested Answer Hide Answer
Suggested Answer: D

A Project Audit (p.141) occurs post-completion to assess:

Financial health

Performance evaluation

Lessons learned

It is not a planning tool (Option B), nor is it for active budget management (A) or solely for senior leadership (C). [P.141]


by Chauncey at Jun 17, 2026, 05:49 AM

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Linn
14 days ago
Definitely A! Effective budget management is key for project success.
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Joni
19 days ago
I agree, but assessing project requirements is also crucial.
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Rebbecca
25 days ago
I think it's mainly to review financial and performance status after completion.
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Belen
30 days ago
Totally agree with D! Audits are key for learning and improvement.
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Tatum
1 month ago
Wait, is it really just for that? Seems too narrow.
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Royal
1 month ago
Definitely A! Keeping the budget in check is crucial.
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Sarah
2 months ago
I think it's also about assessing project requirements.
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Meghann
2 months ago
It's mainly about reviewing financial and performance status after completion.
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Cordell
2 months ago
I practiced a question similar to this, and I think it emphasized the importance of managing the budget, so A might be relevant as well.
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Bobbye
2 months ago
I’m not entirely sure, but I feel like presenting findings to leadership is part of it, which makes me lean towards C.
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Rosina
2 months ago
I remember discussing how audits can help assess requirements too, so B could be a possibility.
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Bobbye
2 months ago
I think a project audit is mainly about reviewing financials, so maybe D is the right choice?
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